Billionaire CEO warns middle-income professionals and small business owners could leave the city

https://www.foxbusiness.com/media/mamdani-tax-break-proposal-sparks-fears-business-leaders-warn-fragile-nyc-economy

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[–] 1 point 4 months ago (2 children)

“More than 125,000 New Yorkers have fled to Florida in just the past few years, carrying nearly $14 billion worth of income with them” wouldn’t this mean that on average these New Yorkers earned about 110k? So not really an example of millionaires fleeing the state.

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